ONIS,
ONI Systems Delivers to the 'Optical Edge' with New ONLINE2500 Transport Platform
June 2001 Marks First Live Demonstration
SAN JOSE, Calif., May 23, 2001 (BUSINESS WIRE) -- ONI Systems Corp. (Nasdaq: ONIS chart, msgs), a leading provider of optical telecommunications systems for metropolitan and regional markets, today launched its new ONLINE2500 Optical Edge Service Platform, the latest member of the ONLINE(TM) family of optical transport platforms. ONI will showcase a live demonstration of optical edge networks built with the ONLINE2500 at SUPERCOMM Atlanta, June 5-7, 2001, with general availability following in the same month.
Building on the company's global success with its current metro, regional and access platforms, the ONLINE2500 transport platform marks ONI's entry into a new market -- the optical edge -- extending high bandwidth services from bandwidth rich core metro networks directly to end-users at the bandwidth starved network edge. The addition of the ONLINE2500 to ONI's comprehensive product portfolio will give service providers a broad selection of ONI products with complete end-to-end optical provisioning and management capabilities, spanning from the network core out to enterprise campuses, high-rise "smart buildings" and inside large enterprise campus networks.
"The ONLINE2500 is a breakthrough in the application of optical technology, providing edge solutions to our customers and enabling new revenue opportunities," said Hugh Martin, chairman, president and CEO, ONI Systems. "With the introduction of this product, ONI gives our carrier customers the ability to cost-effectively deliver time division multiplexing (TDM) and data optical services to the edge of the network. Our customers value the high density and efficiency of our ONLINE transport products, and now they can extend these capabilities all the way to their end customers in the enterprise."
"We are pleased to continue our relationship with ONI," said Leo Todd, director of Marketing, COLT Telecom, a leading provider of high bandwidth data, Internet, voice and advanced telecommunication services in Europe. "ONI listened to our service needs and responded quickly with the ONLINE2500. With this product extension, COLT will have the potential to provision and manage optical end-to-end services from enterprise through the network core, using OPTX network management and ONI's extended family of ONLINE products."
The ONLINE2500 allows service providers to deploy a combined wavelength and services delivery platform by radically reducing both the cost and size of multi-service WDM equipment. The ONLINE2500 advances public networks by enabling a new cost structure for delivering high bandwidth applications like Gigabit Ethernet, Fibre Channel and traditional SONET services via WDM wavelengths to the edge of the network.
"The ONLINE2500 will provide service providers with a leaner, smarter product to deliver optical services to the network edge," said Chris Nicoll, vice president of Telecom Infrastructure, Current Analysis. "With the addition of this product to their ONLINE product family, ONI significantly expands their telecommunications solutions that allow service providers to provision and manage true end-to-end optical services."
Incorporating technology acquired from Finisar Corporation, the ONLINE2500 combines multi-wavelength transport with managed wavelength services and multi-service grooming in a compact, modular, 2-rack unit (2RU) chassis.
For true managed wavelength services, the ONLINE2500 provides rate and protocol-tunable interfaces with digital wrapper technology. These interfaces can be throttled to service rates between 100 Mbps and 2.5 Gbps and provide comprehensive performance monitoring capability.
The ONLINE2500 utilizes coarse WDM technology to provide multi-wavelength capability, supporting up to 8 protected or 16 unprotected wavelengths per ring. The wide wavelength spacing of coarse WDM technology significantly relaxes component tolerances and drives down costs.
Integrating ONI's ONWAVE(TM) multiplexer family, the ONLINE2500 also uses sub-wavelength grooming to increase system capacity and reduce system costs. The ONWAVE products combine multiple Gigabit Ethernet, Fibre Channel, FICON, and SONET/SDH signals into high-speed SONET framed signals. The SONET framed wavelengths are interoperable with legacy gear, enabling long-distance transport of LAN/storage area network (SAN) services. To date, throughput restrictions due to signaling delays have rendered long-distance SAN services impractical. As just one of the unique features found in the ONLINE2500, the platform enables full bandwidth SAN service delivery at distances up to 6000 kilometers by incorporating sophisticated buffer credits that compensate for protocol signaling delay.
The ONLINE2500 can be integrated with ONI's ONLINE7000, ONLINE9000 and ONLINE11000 transport platforms, allowing network operators to plan, provision and manage services from origination through the core on a single, compact platform. The ONLINE2500, like the entire ONLINE product family, utilizes the OPTX(TM) operating system for wavelength and services management. Like ONI's existing portfolio, the ONLINE2500 provides internal management channels to simplify and streamline service monitoring and provisioning by eliminating the need for a separate overlay management network.
For a live demonstration of the new ONLINE2500 transport platform, stop by ONI's Booth No. 7256, Hall G during exhibit hours at SUPERCOMM Atlanta, June 5-7, 2001.
About ONI Systems
ONI Systems (Nasdaq: ONIS chart, msgs) develops, markets and sells optical networking equipment specifically designed to address bandwidth and service limitations of regional and metropolitan networks. Our products allow communication service providers to rapidly build high-capacity metro networks that are flexible, scalable and able to support multiple services on a single platform. Our products include the ONLINE11000, ONLINE9000, ONLINE7000, and ONLINE2500 transport platforms; the ONWAVE(TM) OC-48 SONET/SDH Add/Drop Multiplexer and the ONWAVE Data Multiplexer; and OC-192/STM-64 (10 gigabits per second) interface. The ONLINE(TM) transport platforms incorporate the OPTX(TM) operating system for wavelength and service management in optical networks and the OLMP(TM) optical link management protocol suite for internetworking between the optical transport and data or voice switching layers of the network. For more information about ONI and its products, visit the company Web site at www.oni.com.
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by this section. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to, our limited operating history which makes forecasting our future revenue and operating results difficult, our ability to develop and to achieve market acceptance of new products, our dependence on a small number of customers, our ability to add additional customers and our dependence on sole or limited source suppliers for several key components. These and other risks and uncertainties are described from time-to-time in ONI Systems' filings with the Securities and Exchange Commission, including ONI Systems' quarterly report on Form 10-Q for the quarter ended March 31, 2001, ONI Systems' annual report on Form 10-K for the year ended December 31, 2000 and other documents on file with the SEC.
Note to Editors: ONI Systems, ONI, the ONI logo, ONLINE, OPTX, OLMP and ONWAVE are trademarks or registered trademarks of ONI Systems Corp. All other trademarks are the property of their respective owners.
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Contact:
ONI Systems
Amy Lee, 408/965-2740
alee@oni.com
or
Magnet Communications
Jenny Hunter, 510/450-2618
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